Low angle photo of four high rise curtain wall buildings 830891

New BACB research paper offers deep dive into risk management for African trade

Posted on 07/03/2024

Trade Finance , Case Studies

BACB is delighted to announce the launch of its 2024 research paper, entitled “Unlocking African opportunities: a specialist bank’s approach to safe, sustainable trade”. Offering a deep dive into the unique challenges of trading with specialist markets, BACB experts share their insight on how risk can be mitigated through effective transaction monitoring and robust due diligence.

The paper was launched at today’s GTR Africa 2024 conference in Cape Town. “Like any other part of the world, Africa has its own unique risk profile,” commented BACB CEO Paul Jennings. “But the challenges can certainly be addressed and mitigated. The right approach to conducting safe, sustainable trade in these markets goes beyond just strong risk compliance checks – it necessitates deep expertise and understanding of the local context.”

In the paper, BACB also provides a series of case studies illustrating how the bank has been able to support crucial trade flows in markets such as Libya, Nigeria, and Mauritania. Read the full paper here.

Disclaimer: The material and information contained on the Site are provided for general information only and should not be used as a basis for making business or investment decisions. The Site displays information obtained from sources believed by BACB to be reliable, but BACB does not represent or warrant, nor accepts responsibility, as to its completeness or accuracy. If you are to rely on the information you are strongly recommended to take your own independent advice. The information may change at any time however BACB is under no obligation to update it.